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The U.K.’s MarketInvoice, which operates in the peer-to-peer lending space by enabling businesses to raise money from institutional investors and high net worth individuals by “selling” outstanding invoices, has raised a further GBP6m (USD10m) from existing investors Northzone, and the...
#outstanding invoices
The Association of Factoring Companies (AFC) has published statistical indicators of the Russian factor in the first six months of…
#bank#funding#international
Investec Asset Finance Group has announced that it has appointed Paul Cunningham as Head of Quantum Funding Ltd (Quantum). Mr…
#financial services#Investec#invoice
Despite Government attempts to enforce a code for prompt payment and plans to appoint a Commissioner to oversee business rows,…
#financial services#Paid#payment terms
Bank VTB (Azerbaijan) has started rendering factoring services to the local producers, according to Zaur Rasulov, member of the board,…
#bank#international#WHO
Anti-invoice finance terms and restrictive clauses in contracts that prevent businesses from gaining invoice finance are set to be banned…
#assignment#invoice#late payment
Legion Trade Finance has agreed deals to provide GBP1.3m of new funding to a diverse range of businesses across the…
#smes#supplier payments#supply chain finance
Bibby Financial Services Report suggests as many as 1.3m SMEs may be affected (more…)
#financial services#insolvency#security
Over 1,600 small- and medium-sized businesses have drawn down a combined EUR45m from the Strategic Banking Corporation of Ireland in…
#bank#bank loan#banks
UK-based HPD Software has announced the launch of the new Aquarius Collections Integration Module (ACIM) (more…)
#Atradius#debt collection#invoice
Recently appointed Richard Tynan to head new London-based venture (more…)
#bank#international#management
MDM Bank has joined The Association of Factoring Companies Russia as a full member. It has been working in the…
#bank#banking services#banks
Figures published by the Bank of England (BoE) showed a fall of GBP5.5bn in outstanding lending to non-financial businesses –…
#bank#Bank of England#banks